Phoenix Retained Earnings vs Other Current Liab Analysis
FENG Stock | USD 2.69 0.16 6.32% |
Phoenix New financial indicator trend analysis is much more than just breaking down Phoenix New Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoenix New Media is a good investment. Please check the relationship between Phoenix New Retained Earnings and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Retained Earnings vs Other Current Liab
Retained Earnings vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoenix New Media Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Phoenix New's Retained Earnings and Other Current Liab is 0.48. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Phoenix New Media, assuming nothing else is changed. The correlation between historical values of Phoenix New's Retained Earnings and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Phoenix New Media are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Retained Earnings i.e., Phoenix New's Retained Earnings and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Other Current Liab
Most indicators from Phoenix New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix New Media current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The Phoenix New's current Selling General Administrative is estimated to increase to about 157.5 M, while Tax Provision is projected to decrease to roughly 1.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 432.9M | 237.2M | 227.9M | 216.5M | Total Revenue | 1.0B | 785.7M | 692.0M | 1.2B |
Phoenix New fundamental ratios Correlations
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Phoenix New Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Phoenix New fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 12.3M | 12.1M | 12.1M | 12.1M | 12.1M | 13.3M | |
Total Assets | 5.3B | 2.8B | 2.4B | 2.0B | 1.8B | 2.7B | |
Other Current Liab | 1.1B | 402.2M | 311.3M | 280.2M | 214.5M | 294.3M | |
Total Current Liabilities | 1.5B | 1.1B | 967.0M | 664.3M | 527.0M | 761.4M | |
Total Stockholder Equity | 3.3B | 1.6B | 1.4B | 1.3B | 1.2B | 1.8B | |
Other Liab | 225.4M | 29.5M | 29.6M | 20.3M | 23.4M | 41.5M | |
Accounts Payable | 259.9M | 221.2M | 217.2M | 177.0M | 122.1M | 212.5M | |
Cash | 341.0M | 357.8M | 189.0M | 96.0M | 527.4M | 362.1M | |
Other Assets | 93.5M | 96.6M | 95.4M | 108.7M | 125.0M | 131.3M | |
Other Current Assets | 161.7M | 73.9M | 65.0M | 41.3M | 41.2M | 61.9M | |
Total Liab | 1.8B | 1.1B | 1.0B | 765.6M | 595.1M | 821.9M | |
Intangible Assets | 99.3M | 12.4M | 22.5M | 29.1M | 20.1M | 25.6M | |
Property Plant Equipment | 187.4M | 112.1M | 70.4M | 116.6M | 134.1M | 67.4M | |
Property Plant And Equipment Net | 187.4M | 112.1M | 70.4M | 116.6M | 75.2M | 96.4M | |
Current Deferred Revenue | 55.9M | 38.8M | 33.5M | 31.9M | 52.1M | 33.3M | |
Net Debt | (250.8M) | (304.8M) | (143.1M) | 8.6M | (458.0M) | (480.9M) | |
Retained Earnings | 185.2M | (88.2M) | (300.4M) | (411.1M) | (513.4M) | (487.7M) | |
Non Current Assets Total | 2.8B | 352.6M | 328.8M | 369.2M | 280.1M | 266.1M | |
Non Currrent Assets Other | 19.9M | 9.8M | 3.2M | 19.7M | 83.3M | 87.5M | |
Cash And Short Term Investments | 1.6B | 1.6B | 1.5B | 1.1B | 1.1B | 1.3B | |
Net Receivables | 698.0M | 708.2M | 514.0M | 474.8M | 351.3M | 567.3M | |
Liabilities And Stockholders Equity | 5.3B | 2.8B | 2.4B | 2.0B | 1.8B | 2.9B | |
Non Current Liabilities Total | 275.4M | 46.2M | 49.7M | 101.3M | 68.1M | 64.7M | |
Other Stockholder Equity | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.7B | |
Property Plant And Equipment Gross | 187.4M | 112.1M | 70.4M | 116.6M | 162.6M | 103.3M | |
Total Current Assets | 2.6B | 2.4B | 2.1B | 1.7B | 1.5B | 2.0B | |
Accumulated Other Comprehensive Income | 1.5B | 63.8M | 59.2M | 54.1M | 58.9M | 56.0M | |
Short Term Debt | 40.3M | 36.4M | 25.8M | 23.6M | 19.9M | 18.9M | |
Short Term Investments | 1.3B | 1.3B | 1.3B | 1.0B | 558.8M | 831.2M | |
Inventory | 82.9M | 31.0M | 15.6M | 9.1M | 1.0 | 0.95 | |
Net Tangible Assets | 2.9B | 1.6B | 1.4B | 1.3B | 1.5B | 2.0B | |
Long Term Investments | 2.0B | 131.5M | 140.5M | 114.7M | 101.5M | 96.5M | |
Short Long Term Debt Total | 90.3M | 53.0M | 45.9M | 104.6M | 69.4M | 128.9M | |
Capital Lease Obligations | 90.3M | 53.0M | 45.9M | 104.6M | 69.4M | 44.4M | |
Non Current Liabilities Other | 27.6M | 28.2M | 28.3M | 20.3M | 18.6M | 23.9M | |
Net Invested Capital | 3.3B | 1.6B | 1.4B | 1.3B | 1.2B | 1.7B |
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When determining whether Phoenix New Media is a strong investment it is important to analyze Phoenix New's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Phoenix New's future performance. For an informed investment choice regarding Phoenix Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phoenix New. If investors know Phoenix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phoenix New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Earnings Share (0.56) | Revenue Per Share 56.873 | Quarterly Revenue Growth (0.07) | Return On Assets (0.02) |
The market value of Phoenix New Media is measured differently than its book value, which is the value of Phoenix that is recorded on the company's balance sheet. Investors also form their own opinion of Phoenix New's value that differs from its market value or its book value, called intrinsic value, which is Phoenix New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phoenix New's market value can be influenced by many factors that don't directly affect Phoenix New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phoenix New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phoenix New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.